Cryptocurrency 'Ether' rises to new record high

Washington Published: May 06, 2021, 09:41 PM(IST)

FILE PHOTO: A representation of virtual currency Ethereum are seen in front of a stock graph in this illustration taken February 19, 2021. Photograph:( Reuters )

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Ether was last up about 3.0 per cent at $3,568.92

Ether, the world's second-largest cryptocurrency after Bitcoin, on Thursday rose to a record high of $3,591.65 on the Bitstamp Exchange.

Also read | Bitcoin, other cryptocurrencies tumble over Biden tax plan fears

Ether was last up about 3.0 per cent at $3,568.92. Bitcoin was down 0.7 per cent at $57,109.40 and about 12 per cent below its record intraday high at $64,895.22 set on April 14.

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